Vietnam won 24 gold medals on Sunday, including one in the much-anticipated men’s football competition, finishing their 31st Southeast Asian (SEA) Games run at the top of the medal table with 205 golds, breaking the previous gold medal record set by Indonesia in 1997. Thailand are second on the medal table with 92 golds, while Indonesia ranked third with 69, according the event’s official website. Vietnam’s men’s football team defended their gold medal with a 1-0 victory over Thailand on Sunday night. Indonesia claimed the men’s football bronze medal following a triumph over Malaysia in a penalty shootout. Muay and diving each won Vietnam five gold medals earlier the same day. Vietnam clinched three boxing golds on Sunday in three women’s weight classes. Also on Sunday, Vietnam’s aerobic gymnasts brought home two gold medals in pair and group events, while e-sports bagged another two. Tennis ace Ly Hoang Nam defended his gold medal after beating Trinh Linh Giang, … [Read more...] about Vietnam wraps up 31st SEA Games with a record 205 gold medals
Why sony is set for a record profit
Finswimmers set new heights at Games
Phạm Thị Kim Thương wins the women’s 800m surface, making her time of 7:19.18 a new height. VNS Photo Đoàn Tùng Thanh Hà Athletes broke five records in six events of finswimming at the SEA Games 31's last competition day in Hà Nội on May 22. Indonesian Janis Rosalita Suprianto won gold and set a record in the women's 50m surface at 18.24sec. She was followed by Vietnamese duo Nguyễn Thị Thảo (18.49) and Phạm Thị Thu (18.39) The remaining four records went to Việt Nam, the most powerful team in Asia. Veteran Nguyễn Thành Lộc finished first in the men's 50m surface, setting a record of 15.60sec. Indonesian Wahyu Anggoro Tamtomo was second (15.83) and Thai Khet Chamnanwat third ( 16.120) Phạm Thị Kim Thương overcame all other rivals in the women's 800m surface, making her personal best of 7:19.18. Indonesian Andhini Muthia Maulida (7:28.67) and her compatriot Katherina Eda Rahayu (7:31.72) were second and third respectively. … [Read more...] about Finswimmers set new heights at Games
SEA Games: Vietnam reach 200 gold medals
Vietnam's men's football team defended their gold medal with a 1-0 victory against Thailand. They kept the clean sheet throughout the Games. Indonesia won the men's football bronze by beating Malaysia in penalty shootout. Muay and diving each won five gold medals on Sunday. Vietnam also won three boxing gold during the day in three women's events. Aerobic gymnastics brought two gold medals in mix pair and group events, and esports another two. Le Hoang Phong (L) and Tran Ngoc Thuy Vi competes in aerobic gymnastics at the 31st SEA Games, May 22, 2022. On Sunday, there are 61 sets of medals, of which boxing has the most with 13. Tennis ace Ly Hoang Nam defended his gold medal after beating Trinh Linh Giang, also from Vietnam, in the final. World's number three cueist Tran Quyet Chien beat Nguyen Duc Anh Chien, also from Vietnam, in the 3-cushion carom event final to win a gold medal. Vietnam also won a gold medal each in shooting and vovinam. In the … [Read more...] about SEA Games: Vietnam reach 200 gold medals
Banks under pressure despite positive credit recovery
Customers at a bank in Ha Noi. The small gap between deposit and lending rates will cause the banks’ net interest margin (NIM) and net profit to reduce. — Photo baochinhphu.vn Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates. According to Le Xuan Nghia, former deputy chairman of the National Financial Supervisory Commission, the US Federal Reserve (Fed) will continually increase interest rates this year, which will force Vietnamese banks to raise deposit rates. Despite the high increase in saving rates, domestic banks will not be able to raise lending rates accordingly to support the economy as directed by the Government. The small gap between deposit and lending rates will cause the banks’ net interest margin (NIM) and net profit to reduce, Nghia explained. Besides, for a long time, many banks have gained good profits from real estate credit, and investment in and issuance … [Read more...] about Banks under pressure despite positive credit recovery
General Atlantic plans $2 billion investment in India, Southeast Asia
Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region's startups more attractive, a senior executive told Reuters . General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview. The market for startups, especially in India, is going through a rough patch. After raising a record $35 billion in 2021, founders are struggling to attract cash, sparking fears of lower valuations and forcing some to cut jobs. After investing just $190 million in Indian startups in 2021, its lowest ever annual figure, General Atlantic is now ready to loosen its purse strings, Naik said in an interview at the World Economic Forum in the Swiss ski resort of Davos. "The realism is setting in. We were waiting for the … [Read more...] about General Atlantic plans $2 billion investment in India, Southeast Asia
Thailand dominate weightlifting
Indonesian lifter Muhammad Zul Ilmi completes a clean and jerk in the men’s 89kg class of power-lifting at the SEA Games 31. He won a gold medal for a total 337kg result. VNA/VNS Photo Việt Cường Hoài Nam HÀ NỘI — Thailand’s Duangaksorn Chaidee successfully dominated the women’s over-71kg class, winning gold for her total 279kg lift – 27kg clear of the runner-up, Nurul Akmal of Indonesia, on May 22. Indonesian lifter Muhammad Zul Ilmi earned a gold medal in the men’s under-89kg class power-lifting, after lifting a total of 337kg. He beat Vietnamese Bùi Anh Tuấn, who finished the competition with a total of 334kg for silver, and Thailand’s Phacharamethi Tharaphan, in third for bronze with 325kg in total. Vietnamese Nguyễn Thị Kim Vân ranked third in the table with her total result of 251kg. Thailand’s Rungsuriya Panya did his best in the men’s over 89kg class when he finished first for the gold medal with 349kg, just one kilo heavier than … [Read more...] about Thailand dominate weightlifting